Kinross Gold Balance Sheet Health
Financial Health criteria checks 5/6
Kinross Gold has a total shareholder equity of $6.8B and total debt of $1.7B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are $10.8B and $4.0B respectively. Kinross Gold's EBIT is $1.1B making its interest coverage ratio 38.4. It has cash and short-term investments of $488.9M.
Key information
24.8%
Debt to equity ratio
US$1.68b
Debt
| Interest coverage ratio | 38.4x |
| Cash | US$488.90m |
| Equity | US$6.79b |
| Total liabilities | US$3.97b |
| Total assets | US$10.76b |
Recent financial health updates
Kinross Gold (TSE:K) Has A Rock Solid Balance Sheet
Jan 02
Kinross Gold (TSE:K) Has A Pretty Healthy Balance Sheet
Sep 04Is Kinross Gold (TSE:K) Using Too Much Debt?
May 21Here's Why Kinross Gold (TSE:K) Can Manage Its Debt Responsibly
Feb 13Recent updates
Kinross Gold (TSE:K) Has A Rock Solid Balance Sheet
Jan 02Calculating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)
Dec 18Kinross Gold Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 09Kinross Gold Corporation (TSE:K) Not Flying Under The Radar
Oct 25Estimating The Intrinsic Value Of Kinross Gold Corporation (TSE:K)
Sep 19Kinross Gold (TSE:K) Has A Pretty Healthy Balance Sheet
Sep 04Benign Growth For Kinross Gold Corporation (TSE:K) Underpins Its Share Price
Jul 11Is Kinross Gold (TSE:K) Using Too Much Debt?
May 21It's Unlikely That Kinross Gold Corporation's (TSE:K) CEO Will See A Huge Pay Rise This Year
May 02Kinross Gold Corporation's (TSE:K) Shares Bounce 28% But Its Business Still Trails The Industry
Mar 29Here's Why Kinross Gold (TSE:K) Can Manage Its Debt Responsibly
Feb 13Estimating The Fair Value Of Kinross Gold Corporation (TSE:K)
Jan 29Financial Position Analysis
Short Term Liabilities: K's short term assets ($2.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: K's short term assets ($2.0B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: K's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: K's debt to equity ratio has reduced from 38.4% to 24.8% over the past 5 years.
Debt Coverage: K's debt is well covered by operating cash flow (126%).
Interest Coverage: K's interest payments on its debt are well covered by EBIT (38.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 22:47 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kinross Gold Corporation is covered by 43 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Ishan Majumdar | Baptista Research |
| Farooq Hamed | Barclays |